Market updates on oilseeds and vegetable oils with up-to-date price trends
Oilseeds
Apr 27, 2022

Mustard seeds: significant production increase in sight

OTTAWA. Agriculture and Agri-Food Canada is optimistic about yield and crop volume in its latest estimates for the 2022/23 season. Germany's imports, meanwhile, are significantly higher than last year.
Oilseeds
Apr 25, 2022

Pumpkin seeds: commodity prices increase again

DALIAN. After the prices for Chinese raw kernels had fallen continuously in the past weeks, they have now increased again. The reason for this is the rising demand.
Oilseeds
Apr 21, 2022

Sesame seeds: waiting for the new crop

NEW DELHI. Activity in the Indian sesame seed market is low, and traders expect the market to remain largely stable until the new crop arrives. However, a lack of demand continues to put pressure on prices.
Oilseeds
Apr 21, 2022

Sunflower seeds: no restrictions on Ukrainian agricultural exports

SOFIA/KYIV. Traders from western Ukraine are keen to sell their stocks as quickly as possible, which eases the situation in the sunflower seed market slightly. Depending on the region, sunflower seed production in Ukraine may be up to 45% lower this year, according to current estimates.
Oilseeds
Apr 20, 2022

Flaxseed: KGU gives first cultivation forecast for 2022

NUR-SULTAN/MOSCOW. The AUDITOR editorial team spoke with market expert Evgeniy Karabanov about the flaxseed market. In addition to the hurdles that make procurement difficult due to the Ukraine crisis, there are initial estimates regarding the cultivation area for the 2022 crop.
Oilseeds
Apr 19, 2022

Pumpkin seeds: virtually no new long-term contracts

DALIAN. As expected, commodity prices have settled at last week's level and the focus is set on the new crop. For this reason, contracts are almost entirely concluded for prompt shipments.
Oilseeds
Apr 14, 2022

Flaxseed: freight costs from Kazakhstan increase massively

NUR-SULTAN/OTTAWA. Since last weekend, new restrictions have been in place for transports from Russia and Belarus to the EU. As part of the European Union's fifth major sanctions package against Russia, trucks and container ships from these two countries have been banned from entering the EU since Saturday.
Oilseeds
Apr 14, 2022

Sesame seeds: new tender has been announced

NEW DELHI. South Korea has announced a new sesame seed tender and Indian exporters are hoping for a successful participation. Meanwhile, the summer crop has started to flower and should be available around June.
Oilseeds
Apr 13, 2022

Sunflower seeds: Kazakh experts are against further export restrictions

SOFIA/KYIV. Sowing is underway in Ukraine and the first fields have already been sown with sunflowers. Trade with shelled sunflower seeds has slowed down and the Kazakh Grain Union is explicitly against further export restrictions.
Oilseeds
Apr 13, 2022

Blue poppy seeds: drought in the Czech Republic continues

CHRUDIM. The severe drought in the Czech growing regions is likely to have a negative impact on this year's yields. Meanwhile, the first price indications for the new crop are making the rounds.
Oilseeds
Apr 13, 2022

Mustard seeds: experts predict massive losses

BRUSSELS/KYIV. The experts at APK-Inform have tried to make a forecast for Ukrainian oilseed production for the current year. Significant deficits are to be expected in mustard seed production in particular. Last year, mustard seed shipments from Ukraine to the EU had already declined.
Oilseeds
Apr 11, 2022

Pumpkin seeds: lower limit for farmgate prices

DALIAN. After the commodity prices for shine skins on the Chinese market dropped once again, traders now do not expect further price decreases.
Oilseeds
Apr 7, 2022

Sesame seeds: India loses market share in the EU

NEW DELHI. Due to possibly lower yields, the Indian sesame seed crop in Gujarat might not exceed significantly despite larger acreages. A lack of demand ensures largely stable prices. The latest EU import data, meanwhile, show how sharply India's sesame seed shipments plummeted last year.
Oilseeds
Apr 7, 2022

Flaxseed: export duties on Russian flaxseed announced

OTTAWA/MOSCOW. From May, Russian flaxseed exports outside the Eurasian Economic Union are to be taxed significantly. Canadian traders, meanwhile, hope to make a greater contribution to the international market again.
Oilseeds
Apr 6, 2022

Sunflower seeds: prices dip

SOFIA/KYIV. Although the Black Sea ports of Odessa and Mykolaiv are under attack, Ukraine is determined to step up the exports of agricultural products. Hullers in Bulgaria are able to offer lower sunflower seed prices. The EU has drastically reduced imports.
Nuts
Apr 5, 2022

Peanuts: difficulties are hard to assess

ATLANTA. Like most other agricultural commodities, the peanut market is facing problems such as the effects of the pandemic, transport difficulties and, last but not least, the Ukraine crisis. Above all, the global effects of the war are still difficult to assess at present.
Oilseeds
Apr 5, 2022

Blue poppy seeds: growers use rising demand to their advantage

CHRUDIM/ANKARA. As a result of the surprising increase in demand in the Czech poppy seed market, farmers could increase prices. Meanwhile, new forecasts for the 2022 crop are being made almost weekly.
Oilseeds
Apr 4, 2022

Pumpkin seeds: preparations for sowing are underway

DALIAN. In the second half of April, sowing for the coming crop starts in China and preparations are already in full swing. Meanwhile, buyers in the shine skin market are becoming more active again.
Oilseeds
Mar 31, 2022

Sesame seeds: larger acreage but lower yields

NEW DELHI/SEOUL. Indian exporters have sent most of their sesame seed shipments sold to South Korea in the last tender on their way. Demand from here should therefore be lower in the coming weeks, which should ensure stable prices. At the same time, concerns are spreading in the Indian sesame seed market.
Oilseeds
Mar 31, 2022

Flaxseed: shipments via detours

MOSCOW/OTTAWA. The flaxseed market is facing difficult times this season. Poor crops in Kazakhstan and Canada meant that buyers were mainly stocking up in Russia, where production was surprisingly good.
Oilseeds
Mar 30, 2022

Blue poppy seeds: many questions without answers

ANKARA/CHRUDIM. The Turkish blue poppy market is quiet, which is also reflected in prices. Czech market players, however, are plagued by uncertainties. Meanwhile, Germany's imports declined markedly year-on-year.
Oilseeds
Mar 30, 2022

Sunflower seeds: selling pressure causes price declines

SOFIA/BEIJING. In recent weeks, sunflower seed prices have increased considerably. Now buyers are holding back and hullers want to put pressure on growers.
Oilseeds
Mar 28, 2022

Pumpkin seeds: reduction of freight rates

DALIAN. Chinese suppliers report a noticeable drop in freight rates, which could even continue. Meanwhile, the large quantity of available shine skins is putting pressure on traders.
Oilseeds
Mar 24, 2022

Sesame seeds: India fears loss of pole position

NEW DELHI. In view of the current developments in the international sesame seed market, Indian market players fear losing their top position if not at least a certain amount of sesame seeds are produced. Demand remains low, which also affects prices.
Oilseeds
Mar 23, 2022

Mustard seeds: Czech exports increase significantly

OTTAWA/PRAGUE. Agriculture and Agri-Food Canada has maintained its crop forecast for the coming mustard seed season, but the expected average price has once again been significantly increased. Meanwhile, the Czech Republic's mustard seed exports have increased significantly compared to the previous year.
Oilseeds
Mar 23, 2022

Sunflower seeds: exports remain difficult

SOFIA/KYIV. Despite the prevailing situation, efforts by Ukrainian exporters and processors are strong as they want to maintain overseas shipments of products such as sunflower seed oil.
Oilseeds
Mar 21, 2022

Pumpkin seeds: farmgate prices continue to decrease

DALIAN. Commodity prices for shine skins have now reached such a low level that suppliers are recording losses in some cases. Meanwhile, speculators are pursuing a plan that could easily backfire.
Oilseeds
Mar 21, 2022

Blue poppy seeds: tense situation on the Czech market

CHRUDIM/ANKARA. The difficult geopolitical situation following Russia's invasion of Ukraine faces market players in the Czech Republic with difficult decisions. The Turkish market seems to be less affected by the developments so far.
Oilseeds
Mar 17, 2022

Sesame seeds: South Korea could reject tender shipments

NEW DELHI. The lack of high quality goods is keeping trading activity in the Indian sesame seed market low. In addition, exporters now fear for their shipments to South Korea.
Oilseeds
Mar 17, 2022

Flaxseed: traders do not plan for the long term

OTTAWA/BRUSSELS. The UK imposes additional import duties on Russian oilseeds. In the flaxseed market, demand is high, but traders' willingness to enter into long-term contracts is low. Canadian producers face the question of whether to adjust their acreage to the current circumstances.
Oilseeds
Mar 16, 2022

Sunflower seeds: Ukraine to leave a big gap

SOFIA/KYIV. Suppliers in Ukraine are desperately trying to keep agri-food production and the supply chain up and running in areas less affected by military operations as APK-Inform reports. China is, meanwhile, eager to fill the gap in Europe. Coceral anticipates a decline in EU production.
Oilseeds
Mar 14, 2022

Pumpkin seeds: speculators start selling

DALIAN. After market players had still hoped for it last week, the first speculators have now released their shine skin stocks for sale - some even at very favourable prices.
Nuts
Mar 14, 2022

Peanuts: dent in global production

REUS/NEW DELHI. According to the International Nut and Dried Fruit Council (INC) global peanut production declined nominally in 2021/2022. China remains the most important producer. Production has even risen here.
Oilseeds
Mar 10, 2022

Flaxseed: sanctions hamper exports

NUR-SULTAN/OTTAWA. Buyers are flooding the flaxseed market with enquiries and the freight costs for transport from Kazakhstan have become significantly more expensive. Market players are still confident that there is enough supply.; it is only a matter of prices.
Oilseeds
Mar 10, 2022

Sesame seeds: smaller acreage for the summer crop

NEW DELHI. Apart from South Korea's sesame seed tenders, foreign demand for Indian sesame seeds is severely limited. Stricter requirements for shipments to the EU are putting pressure on the market, while sesame seed farmers are reacting to the last disappointing crops by reducing the acreage.
Oilseeds
Mar 10, 2022

Blue poppy seeds: growers switch to alternative products

CHRUDIM. With the current developments between Russia and Ukraine, Czech poppy seed traders are worried about their business, because their most important customer is involved. Market players expect a massive impact on cultivation figures for this year.
Oilseeds
Mar 9, 2022

Sunflower seeds: export restrictions cause uncertainty

SOFIA/KYIV. As with many other Eastern European products, the sunflower seed market is upside down. In Bulgaria there is talk of export restrictions. Sunflower seeds are also affected, but the main concern is about cereals.
Oilseeds
Mar 7, 2022

Pumpkin seeds: tense waiting for the speculators

DALIAN. About half of the shine skin raw material supplies are currently in the warehouses of Chinese speculators; traders are eagerly waiting to see when and at what prices they will be offered for sale. Meanwhile, GWS kernels and shine skins are showing different price trends.
Nuts
Mar 7, 2022

Peanuts: acreage could be smaller than expected

ATLANTA/BUENOS AIRES. Some market players may be overestimating the 2022 acreage, which is likely to be smaller than initially hoped for. US exports are currently rather sluggish, while prices on the European spot market are rising.
Oilseeds
Mar 4, 2022

Sesame seeds: boost from tender is only short-lived

NEW DELHI. South Korea's last sesame seed tender has only been completed last week - albeit with a much lower result than planned -, but Indian traders are again pinning their hopes for rising prices on the next tender. Little stimulation is coming from the domestic market.
Oilseeds
Mar 3, 2022

Flaxseed: trade with Russia on the brink

OTTAWA/MOSCOW. According to experts, Canada's flaxseed crop will be significantly better than last year with average yields. Meanwhile, the flaxseed trade with Russia is on the brink of collapse.
Oilseeds
Mar 3, 2022

Mustard seeds: Canada cannot offer sufficient replacement

OTTAWA/KYIV. The forecasts for Canada's mustard seed crop in 2022 remain optimistic and could even have upward potential. It will also be interesting to see how shipments to the EU develop in the near future. In the European market, buyers must be prepared for high prices.
Oilseeds
Mar 2, 2022

Sunflower seeds: prices reach record high

SOFIA/KYIV. The escalation in the conflict between Russia and Ukraine is causing massive uncertainty, not least in the sunflower seed market, in addition to all the humanitarian concerns.
Oilseeds
Feb 28, 2022

Pumpkin seeds: tough times for Chinese suppliers

DALIAN. There is currently hardly any demand on the pumpkin seed market, so many Chinese suppliers are reducing their margins in order to be able to lower prices. Market players expect significant price declines from April onwards.
Oilseeds
Feb 28, 2022

Sesame seeds: a brief tender update

NEW DELHI. On Friday, the South Korean sesame seed tender entered its second round after almost all bids had been rejected earlier. Of the 15,000 mt originally tendered, bidders were eventually awarded contracts for a total of only 6,600 mt.
Oilseeds
Feb 24, 2022

Sesame seeds: South Korea rejects tender bids

NEW DELHI. Today, the result of the current South Korean sesame seed tender was supposed to be announced. Instead, it was reported that all but one of the bids were rejected. The tender is to be repeated on Friday.
Oilseeds
Feb 24, 2022

Flaxseed: insecurity shapes the Eastern European market

MOSCOW/NUR-SULTAN. On Thursday night, Russia invaded Ukraine. This does not leave the flaxseed unaffected either.
Oilseeds
Feb 24, 2022

Sunflower seeds: traders urged to stock up

SOFIA. With raw sunflower seed prices rising in Bulgaria the prices for bakery kernels are currently catching up. Demand is still limited and some companies have even stopped operating. The Russia-Ukraine crisis dominates market sentiments.